5005 Collins Ave #304, Miami Beach, FL, 33140

$373,000Price
1Beds
1Baths
942SqFt

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Details

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Status:
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Parking: 1
Size: 942 ft2 / 88 m2
Price: $396 ft2 / $4,262 m2
Built: 1964
HOA: $1,650/MO
MLS Number: A11723190
View: Bay,Canal
On Site: 7 Days
Updated: 7 Days ago
Page Views: 0
Investor opportunity! Long-term tenant in place breathtaking direct intracoastal views from this updated 1 bed/1 bath condo on miami beach’s coveted "millionaires row." features include a custom walk-in closet, brand-new air conditioning, and building amenities like direct beach access, olympic-sized pool, jacuzzi, on-site beauty salon, and covered parking. Excellent investment potential—can be rented up to 3 times per year. current tenant lease: $2,700/month (09/01/2024–08/31/2025) with 5 years of renewal history and annual $100 increases. Seller will cover assessments upon sale.
Features
Bedrooms
Bedrooms: 1
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: None
View: Bay,Canal
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Price History
01/13/2025

Date

Listed

Event

$373K

Price

$396 ft2 / $4,262 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Jesica Perkul • A Simple Real Estate Co. • Buyer Agency Compensation .

Instant Comparative Market Analysis
$200/ft²
$300/ft²
$400/ft²
$600/ft²

Unit #304 – Asking

$396/ft²

(-7%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$426/ft²
Community $/Price Range (Closed) $320/ft² – $471/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 15231/1938$320NorthOcean$300,00010/11/2024
# 6041/1942$419North, East, WestCanal$395,0009/12/2024
# 8141/1977$471North, East, WestOcean$460,0006/3/2024
# 7121/1988$405EastOcean, Pool$400,0004/25/2024
# 3181/1938$485SouthGarden, Ocean, Pool$455,00011/29/2023
# 8251/1964$456EastOcean$440,00010/25/2023
Unit: # 1523
Bed/Bath: 1/1Size SqFt: 938$/SqFt: $320Exposure: NorthView: OceanSold: $300,000Closed Date: 10/11/2024
Unit: # 604
Bed/Bath: 1/1Size SqFt: 942$/SqFt: $419Exposure: North, East, WestView: CanalSold: $395,000Closed Date: 9/12/2024
Unit: # 814
Bed/Bath: 1/1Size SqFt: 977$/SqFt: $471Exposure: North, East, WestView: OceanSold: $460,000Closed Date: 6/3/2024
Unit: # 712
Bed/Bath: 1/1Size SqFt: 988$/SqFt: $405Exposure: EastView: Ocean, PoolSold: $400,000Closed Date: 4/25/2024
Unit: # 318
Bed/Bath: 1/1Size SqFt: 938$/SqFt: $485Exposure: SouthView: Garden, Ocean, PoolSold: $455,000Closed Date: 11/29/2023
Unit: # 825
Bed/Bath: 1/1Size SqFt: 964$/SqFt: $456Exposure: EastView: OceanSold: $440,000Closed Date: 10/25/2023
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